Communication from the City Manager and Finance Director/Comptroller with a Request to ADOPT an ORDINANCE providing for the ISSUANCE of one or more series of GENERAL OBLIGATION REFUNDING BONDS, SERIES 2016B, of the City of Peoria, Peoria County, Illinois, in an Aggregate Amount Not to Exceed $23,000,000 to Refund Certain Outstanding Bonds of said City, Providing for the Levy of a Direct Annual Tax Sufficient to Pay the Principal of and Interest on Said Bonds, Authorizing and Directing the Execution of an Escrow Agreement in Connection with the Issue of Said Bonds, and Authorizing the Sale of Said Bonds to the Purchaser Thereof.

Committee

City Council

Requested by

Finance Department

Introduced

February 17, 2016

On agenda

February 23, 2016

Passed

February 23, 2016